Prestigewhore DC Lit: Hogan v. Latham
Posted: Sun Aug 30, 2015 12:55 pm
DC. Litigation-focused, potentially want to work for the gov't as an AUSA. What should I do, friends?
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OP here.Hogan has a reputation for being one of the best firms in D.C. Latham has a reputation for firing first year associates.
Yeah, I looked at that. Just wish there was some data on some factor that would push me unequivocally in one direction. Any other insights would be appreciated. Thanks so much for all the input so far.Dunno how else to say it. Hogan is one of the best firms in D.C., I guess Latham has an office in D.C.?
Here's as close to an objective source as you will get for this question: http://www.chambersandpartners.com/1224 ... torial/5/1
I usually like TSL and think his word is solid, but this is ridiculous.thesealocust wrote:Hogan has a reputation for being one of the best firms in D.C. Latham has a reputation for firing first year associates.
OP here. Why do you think so? By prestige whore + lit, I mean it has good across-the-board litigation practices, especially in the white collar area. I also mean will keep my exit options open as much as possible, especially for DOJ/SEC. Whichever firm is going to look the best on my resume in DC, give me the best chance of getting a job as an AUSA or for the SEC, and has the best litigation practices- that's what I am going to choose.I mean if the question is "prestige whore" and you're looking at lit, I think TSL is totally in the right. Hogan by a considerable amount.
I would guess that the difference between the two firms won't matter that much relative to the types of experiences you get, how you perform, and who you get to know as you practice. At either firm, you'd probably have to work hard to get trial exposure and develop the right sorts of skills/connections.Anonymous User wrote:OP here. Why do you think so? By prestige whore + lit, I mean it has good across-the-board litigation practices, especially in the white collar area. I also mean will keep my exit options open as much as possible, especially for DOJ/SEC. Whichever firm is going to look the best on my resume in DC, give me the best chance of getting a job as an AUSA or for the SEC, and has the best litigation practices- that's what I am going to choose.I mean if the question is "prestige whore" and you're looking at lit, I think TSL is totally in the right. Hogan by a considerable amount.
If those are your preferences, I can't imagine why someone would vote "Latham" here.Anonymous User wrote:OP here. Why do you think so? By prestige whore + lit, I mean it has good across-the-board litigation practices, especially in the white collar area. I also mean will keep my exit options open as much as possible, especially for DOJ/SEC. Whichever firm is going to look the best on my resume in DC, give me the best chance of getting a job as an AUSA or for the SEC, and has the best litigation practices- that's what I am going to choose.I mean if the question is "prestige whore" and you're looking at lit, I think TSL is totally in the right. Hogan by a considerable amount.
I've never understood the hype.Biglaw_Associate_V20 wrote:Latham is overrated.
Overrated is an inherently relative term. Overrated relative to Hogan in DC for the reasons that I want to go to a firm, outlined above? (DC prestige, better litigation, better exit opps to gov't) I would rather hear your thinking behind your opinion than unexplained criticism.Biglaw_Associate_V20 wrote:
Latham is overrated.
I've never understood the hype.
Exit opps are a wash. It will depend 100% on who you work with. The best at both firms probably give you the same, or nearly the same, opportunities, but you would have to get someone's opinion who has actually worked at either of these firms to know for sure.Anonymous User wrote:Overrated is an inherently relative term. Overrated relative to Hogan in DC for the reasons that I want to go to a firm, outlined above? (DC prestige, better litigation, better exit opps to gov't) I would rather hear your thinking behind your opinion than unexplained criticism.Biglaw_Associate_V20 wrote:
Latham is overrated.
I've never understood the hype.
Biglaw_Associate_V20 wrote:Exit opps are a wash. It will depend 100% on who you work with. The best at both firms probably give you the same, or nearly the same, opportunities, but you would have to get someone's opinion who has actually worked at either of these firms to know for sure.Anonymous User wrote:Overrated is an inherently relative term. Overrated relative to Hogan in DC for the reasons that I want to go to a firm, outlined above? (DC prestige, better litigation, better exit opps to gov't) I would rather hear your thinking behind your opinion than unexplained criticism.Biglaw_Associate_V20 wrote:
Latham is overrated.
I've never understood the hype.
Latham is a great firm for the equity partners who work there. For everyone else, it's no better than any run of the mill biglaw firm--and it's probably worse than quite a few. Latham's model is, and has always been, built on stealth layoffs. The announced layoffs during the 2008 meltdown were a drop in the bucket compared to the number of associates who have been subtly transitioned away to other careers or starved of hours until getting fired "for cause." The place is just not an associate-friendly firm--never has been, never will be. Their business model is built on a lot of leverage. A LOT. Look at their equity partner to associate ratios in the various offices. You'll see that it's about as bad as it gets among the "top" firms, excepting places like Skadden.
All firms are built on leverage to some extent, but I would say that Latham is clearly below average in terms of long-term prospects and overall concern with the growth of your career. The fact of the matter is that no one gives a shit about you at places like Latham. Turnover is high enough that no one will want to put in the time to build a working relationship with you.
The actual EP/Associate ratio is one metric. Turnover is equally vital (since the ratio between the two firms might be similar because people are leaving / getting hired at Latham all the time whereas people stay put longer at Hogan). I always see a ton of lateral openings at Latham, so I wouldn't be surprised if their turnover were much higher than Hogan's.runinthefront wrote:Biglaw_Associate_V20 wrote:Exit opps are a wash. It will depend 100% on who you work with. The best at both firms probably give you the same, or nearly the same, opportunities, but you would have to get someone's opinion who has actually worked at either of these firms to know for sure.Anonymous User wrote:Overrated is an inherently relative term. Overrated relative to Hogan in DC for the reasons that I want to go to a firm, outlined above? (DC prestige, better litigation, better exit opps to gov't) I would rather hear your thinking behind your opinion than unexplained criticism.Biglaw_Associate_V20 wrote:
Latham is overrated.
I've never understood the hype.
Latham is a great firm for the equity partners who work there. For everyone else, it's no better than any run of the mill biglaw firm--and it's probably worse than quite a few. Latham's model is, and has always been, built on stealth layoffs. The announced layoffs during the 2008 meltdown were a drop in the bucket compared to the number of associates who have been subtly transitioned away to other careers or starved of hours until getting fired "for cause." The place is just not an associate-friendly firm--never has been, never will be. Their business model is built on a lot of leverage. A LOT. Look at their equity partner to associate ratios in the various offices. You'll see that it's about as bad as it gets among the "top" firms, excepting places like Skadden.
All firms are built on leverage to some extent, but I would say that Latham is clearly below average in terms of long-term prospects and overall concern with the growth of your career. The fact of the matter is that no one gives a shit about you at places like Latham. Turnover is high enough that no one will want to put in the time to build a working relationship with you.
According to American Lawyer's leverage reports (albeit, 2014's since 2015 isn't out yet), Latham seems to be, surprisingly, middle of the pack in terms of leverage (associates: equity partners). Almost equal to Hogan (3.6 v. 3.64).
This is a random sidenote, but the worst offenders are who you'd expect: DLA Piper, Squire Patton, Cadwalader, K&L, Boies...but also Paul Weiss and White and Case (both averaging around 6 associates per equity partner).
That's a far cry for Latham's leverage a decade ago, though. Anyway, Hogan's definitely the best choice here if you want to be in DC, OP.
Vault doesn't apply to DC or any other non-NY market, or litigation for that matter.Anonymous User wrote:Based on what OP seems to really be getting at (prestige above all), I think s/he probably won't be happy unless s/he gives into the darker impulse and chases that Vault dream: Latham all the way. Only one of these firms is a V10, after all.
Except for the region/city specific rankings, of course, and the fact that a higher Vault overall ranking gives any firm more national chache. It looks like you're going through OCI now too, jbagelboy. Where are you working?Anonymous User wrote:
Based on what OP seems to really be getting at (prestige above all), I think s/he probably won't be happy unless s/he gives into the darker impulse and chases that Vault dream: Latham all the way. Only one of these firms is a V10, after all.
Vault doesn't apply to DC or any other non-NY market, or litigation for that matter.
I'm not going through OCI. You are mistaken.Anonymous User wrote:Except for the region/city specific rankings, of course, and the fact that a higher Vault overall ranking gives any firm more national chache. It looks like you're going through OCI now too, jbagelboy. Where are you working?Anonymous User wrote:
Based on what OP seems to really be getting at (prestige above all), I think s/he probably won't be happy unless s/he gives into the darker impulse and chases that Vault dream: Latham all the way. Only one of these firms is a V10, after all.
Vault doesn't apply to DC or any other non-NY market, or litigation for that matter.
Most important part of his advice ITT.Biglaw_Associate_V20 wrote:I never worked at Latham